$895,000

2901 Old Forest Rd Lynchburg, VA 24501

Linkhorne Neighborhood

Estimated payment $5,276/month

Total Views 12,332
1.73 Acres
$517,640 Price per Acre
75,315 Sq Ft Lot

About This Lot

Corner lot across from Papa Johns with 215 ft. frontage on Old Forest Road, plus 445 ft. frontage on West Street, plus 100 ft. on Confederate Ave. Water and Sewer available. Zoned B-3 & R-3. Excellent site for strip center, restaurant, C-store or professional offices. Existing house is currently rented as residential, but could be used for office.

Listing Agent

Tommy DeWitt

DeWitt Real Estate & Auctions License #0225033016 Listed on: 02/18/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,990

Lot Details

  • 1.73 Acre Lot
  • Property is zoned B3-R3

Home Design

  • 1,836 Sq Ft Home

Schools

  • Linkhorne Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Phone Available

Community Details

  • Old Forest Rd Commercial Corri Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 16602003

Property Details

Property Type

Land

Est. Annual Taxes

$3,990

Lot Details

0

Listing Details

  • BuildingOnProperty: House
  • Directions: Across from Papa Johns and adjacent to Forest Road United Methodist Church.
  • Internet Providers: Comcast/Xfinity, Verizon
  • Days On Market: Yes
  • Prop. Type: Land
  • Restrictions: None
  • Garage Yn: No
  • Property Sub-Type: Commercial
  • Subdivision Name: Old Forest Rd Commercial Corri
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rt of Way > 60 Feet, Rd Frnt State Paved
  • Accessible Transportation: City Maintained
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Exterior Features

  • Road Frontage: 215.00
  • Topography: Level to Rolling

Utilities

  • Utilities: ElectricityAvailable, Sewer System Avail, Telephone
  • Utility Electric: American Electric

Schools

  • Elementary School: Linkhorne Elem
  • High School: E. C. Glass High
  • Middle School: Linkhorne Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Best Use: Develop to Business
  • Current Use: Single Family
  • Zoning: B3-R3
  • Acres: 1.7290
  • Lot Size Sq Ft: 75315.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 16602003
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 3990

Multi Family

  • Existing Lease Type: Net

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,254 $365,600 $355,600 $10,000
2023 $3,254 $365,600 $355,600 $10,000
2022 $3,399 $330,000 $320,000 $10,000
2021 $3,663 $330,000 $320,000 $10,000
2020 $3,663 $330,000 $320,000 $10,000
2019 $3,663 $330,000 $320,000 $10,000
2018 $2,695 $242,800 $175,600 $67,200
2017 $2,695 $242,800 $175,600 $67,200
2016 $2,695 $242,800 $175,600 $67,200
2015 $2,695 $214,200 $144,900 $69,300
2014 $2,378 $214,200 $144,900 $69,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 For Sale $895,000 -- $487 / Sq Ft
Source: Lynchburg Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $255,000 Chicago Title
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 New Conventional
Previous Owner $160,000 Credit Line Revolving
Previous Owner $212,500 Credit Line Revolving
Source: Public Records

Source: Lynchburg Association of REALTORS®

MLS Number: 357310

APN: 166-02-003

Virginia Lynchburg City County Lynchburg 24501 Linkhorne

2901 Old Forest Rd, Lynchburg, VA

This home is located at 2901 Old Forest Rd, Lynchburg, VA 24501 and is currently priced at $895,000, approximately $487 per square foot. 2901 Old Forest Rd is a home located in Lynchburg City with nearby schools including Linkhorne Elementary School, Linkhorne Middle School, and E.C. Glass High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

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DeWitt Real Estate & Auctions
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